Digest highlights

• FMMO Forum registration deadline here
• July fluid sales down
• Dairy Defined: Plant-based beverage ‘bust’ is here
• Online organic dairy ‘origin of livestock’ rule training offered
• GDT product prices higher
• Finstad joins U.S. House Agriculture Committee
• Southeast: The Dairy Alliance launches sustainability documentary

August 2021-22 recap at a glance

The widening gap in August Federal Milk Marketing Order (FMMO) Class IV and Class III milk prices pushed Class IV pooling lower.

The USDA’s monthly World Ag Supply and Demand Estimates and Crop Production reports provide price, cost forecasts.

Milk prices declined and feed costs continued to rise in July, cutting into monthly dairy producer milk income over feed cost margins calculated under the Dairy Margin Coverage (DMC) program.

A widening gap in August Federal Milk Marketing Order (FMMO) Class IV and Class milk prices ensures there’s even more incentive to depool Class IV milk.

With the end of another quarter near, dairy producers managing risk through the Dairy Revenue Protection (Dairy-RP) program face a coverage deadline. 

September’s Federal Milk Marketing Order (FMMO) advanced Class I base price will hit a six-month low, while likely escalating producer irritation over the 2019 “Class I mover” formula change.

• Summer repeat: July Class IV milk price stays strong, adding to depooling incentives
• FarmFirst Dairy Cooperative hosting FMMO webinar, Aug. 11
• AFBF sets FMMO Forum in Kansas City, Oct. 14-16
• Podcast covers Edge dairy policy priorities
• ‘Healthy Meals, Healthy Kids Act’ advances out of committee
• Hearing planned on Pennsylvania ‘over-order’ premium
• Southeast Milk selects Dyal as CEO
• Tillamook announces ‘climate action’ plan
• Borden closing two more Southeast plants
• Organic Valley adds 51 Northeast farms
• Dairy adds to call for ag workforce reform bill